Despite volatile cocoa prices, fragile consumer confidence and retail price pressure, positive first-half results posted by Swiss chocolate maker Lindt & Sprüngli point to a high level of resilience at the premium end of the confectionery category.
Austrian confectionery firm Hauswirth is said to be appealing a ruling of a Vienna court this week that it refrain from selling its chocolate bunny figurines as they infringe Swiss confectioner Lindt’s trademark.
This week saw chocolate maker Lindt reporting strong growth across all its main regions and consolidated sales of CHF 2.58bn for its financial year 2010, with an analyst claiming the time is ripe for the firm to capitalise on recovery in consumer sentiment.
Publically listed confectionery company Lindt & Sprüngli remains the most interesting acquisition target in terms of its premium portfolio and its post-recession weakened state, with Asian conglomerate Lotte a potential frontrunner, argues a market...
A trial by chocolate maker Lindt USA to supply cocoa bean shells to a fuel burning facility to produce ‘green’ power is now being implemented officially following approval by the state environmental authorities.
Nestlé claims its confectionery business is large enough to enable it to compete in the global sector even if Kraft Foods takeover bid for Cadbury is successful, and that its sights would be set on seeking smaller acquisitions in emerging markets.
In confectionery news this week, France-based Leaf may
sell the Lutti sweets brand; Mars Snackfoods releases a
Snickers bar with 60mg of added caffeine; and Lindt chocolate king
Rudolph Spruengli dies, aged 87.
Swiss premium chocolate maker Lindt & Sprungli has performed
well in the competitive North American market - helping to push
consolidated full year sales for the company 15.1 per cent to
CHF2.586 billion (€1.6bn).